Cryytpo news outlets trying to make people believe AMPL crashed because thats the way AMPL is designed, no that was abnormal activity.
Thx to Shitcoin Minimalist we have the real reason.
Ecosystem fund dumped 15 to 20 million AMPL on KUCOIN and Bitfinex and transfered 5 million to Kucoin at $2.50 the point AMPL crashed.
From their Eco fund they transfered to 2 other wallets before unloading them on exchanges.
Basically they robbed everyone of their profit and some didnt even get a chance to make a profit and lost their investment.
Oh but its how its how it works, b-llsh-t your fund dumped (in a shady way) and robbed everyone, you carried on dumping crashing price to 0.60 even when it was obvious the price was crashing.
Check out the twitter post for more details.
https://twitter.com/bccponzi/status/1288873901733412864
Into history check my article The Original 13TH Amendment
